£166,447
This estimated value is based upon the latest sale price for the house of £125,000 on 8 Jul 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,000 | 8 Jul 2016 |
| £110,000 | 4 Dec 2012 |
| £110,000 | 14 Jun 2007 |
| £75,000 | 5 May 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 953 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in July 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £125,000 results in an estimated price of approximately £166,447.
| 8 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £125,000 | £41,447 | £166,447 |
The Postcode Pricing Model uses changes in average sales price within the WV13 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 75.624 % | £94,529 | £219,529 |
| 3 Month Average | 47.744 % | £59,679 | £184,679 |
| 6 Month Average | 46.390 % | £57,987 | £182,987 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £152,254 | £150,000 | 540 WILLENHALL ROAD |
| 14 Nov 2023 | £370,485 | £365,000 | 600 WILLENHALL ROAD |
| 28 Jul 2023 | £141,910 | £140,000 | 34 ALAMEIN ROAD |
| 30 Jun 2023 | £197,391 | £195,000 | 4 HILL ROAD |
| 3 Mar 2023 | £434,090 | £430,000 | ROYAL OAK VAUGHAN ROAD |
This house has a floor area of 88 sq meters or 953 sq feet when measured on 6 Sep 2011. Using an estimated price of £166,447 means this house is valued at £1,879 per sq meter (£174 per sq foot).
The average size of a house on HILL ROAD is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Brook Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brook Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Neachells Court |
| Apr 2024 | Burglary | Under investigation | On or near Neachells Court |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Neachells Court |